Keurig Dr Pepper lifts Q2 2023 results, raises FY guidance

July 27, 2023

Keurig Dr Pepper Inc. lifted its sales and earnings for Q2 2023 and raised its full year sales growth outlook and reaffirmed its EPS growth guidance, according…

Kraft Heinz names 3 leaders

July 27, 2023

The Kraft Heinz Co. named three industry veterans to its North America leadership team, according to a press release.

Coca-Cola boosts Q2 2023 results, surpasses expectations

July 26, 2023

The Coca-Cola Co. boosted its sales and earnings for Q2 2023 over the prior year quarter, surpassing analyst expectations, according to an earnings report.

NAMA names Cantaloupe’s Ravi Venkatesan to board of directors

July 26, 2023

The National Automatic Merchandising Association has named Cantaloupe Inc. CEO Ravi Venkatesan to its board of directors, according to a press release.

Coca-Cola India names VP/franchise operations

July 26, 2023

Ajay Vijay Bathija Coca-Cola India has named Ajay Vijay Bathija as vice president of franchise operations for Southwest Asia, according to a press…

Coffee consumption holds steady despite inflation

by Elliot Maras — Editor, Kiosk Marketplace & Vending Times

Americans are aware of the rising cost of coffee and are concerned about inflation, but consumption has not faltered, according to National Coffee Association…

Compass Group reports strong Q3 2023 results

July 25, 2023

Compass Group PLC reported a strong Q3 2023 revenue performance over the prior year period, with organic revenue growth of 15%, despite lapping higher…

Kellogg moves forward on separation into 2 companies

July 25, 2023

The Kellogg Co. has filed a Form 10 registration statement with the U.S. Securities and Exchange Commission relating to its previously-announced plan to…

Illycaffè boosts half-year 2023 sales, profits

July 25, 2023

Illycaffè reported significant sales and profit gains for the first half of 2023 over the prior year, according to a press release.

J&J Snack Foods opens Texas distribution center

July 25, 2023

J&J Snack Foods Corp. opened its first owned distribution center in Terrell, Texas, according to a bakingbusiness.com report. The 117,000-square-foot…

Campbell Soup to invest $160M in Utah plant, create 80+ jobs

July 25, 2023

Campbell Soup Co. will invest approximately $160 million in its Richmond, Utah, manufacturing facility to expand production of Goldfish crackers to help meet…

JDE Peet’s to acquire Maratá’s coffee and tea business

July 24, 2023

JDE Peet's, which is owned by JAB Holdings and owns Peet's Coffee, Douwe Egberts, Jacobs and other brands, has signed an agreement to acquire the Brazil based…

Sodexo to acquire AH Management

July 24, 2023

Sodexo PLC, a Paris-based food and facilities management provider, has agreed to acquire A.H. Management, a Rolling Meadows, Illinois-based convenience…

Keurig Dr Pepper signs licensing, manufacturing, distribution pact for La Colombe K-Cups

July 21, 2023

Keurig Dr Pepper Inc. has signed a licensing, manufacturing and distribution agreement with La Colombe for La Colombe branded K-Cup coffee pods, according to a…

Bevi surpasses 5,000 customer milestone for commercial water coolers

July 20, 2023

Bevi, a provider of internet-connected water coolers for commercial spaces, has exceeded 50% annual recurring revenue growth, serving more than 5,000 customers…

Tata Coffee lifts Q1 2023 sales, earnings

July 19, 2023

Tata Coffee, a subsidiary of Mumbai, India-based Tata Consumer Products Ltd., lifted its sales and profits for Q1 2023 over the prior year period driven by…

Russia seizes Danone unit and Carlsberg brewery

July 17, 2023

Russia has seized control of Danone's Russian operating unit as well as Baltika, a Carlsberg owned brewery, according to a Seeking Alpha report.

Campbell to close Connecticut office, cut 44 positions

July 17, 2023

The Campbell Soup Co. will close its Norwalk, Connecticut corporate office, as previously announced, beginning in September, according to a nbcconnecticut.com…

Micro markets, self-service retail now ubiquitous with customers loving convenience, variety

Self-service offerings are becoming a necessity for many retailers as consumers increasingly adopt tap-and-pay options. Self-service kiosks save retailers…

Kraft Heinz to build $400M Illinois distribution center, create 150 jobs

July 14, 2023

The Kraft Heinz Co. will invest more than $400 million to build a 775,000-square-foot distribution center in DeKalb, Illinois, one of the largest automated CPG…